Hour Bank Accounting

---

The employee becomes eligible for coverage by accumulating the required Hours of Work Credit selected by the Participating Employer.

1. Each (130, 140, 160,180) Hours of Work Credit or the equivalent amount of premium provides one subsequent calendar month of benefit for the insured ( and his or her eligible dependents).

2. No break in coverage will occur for interruptions due to weather or between jobs, as long as the minimum Hours of Work Credit are maintained through the hour bank account.

3.  The insured employee may accumulate Hours of Work Credit for excess hours worked.  However, no more than the total Hours of Work Credit necessary to make the employee eligible for 12 months, depending on the carrier, can be accumulated.  The employee is not required to maintain employment to continue coverage provided that the minimum Hours of Work Credit are maintained through the Hour Bank account.